Skip to main content

Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...
Post a Comment

Bandits bombed three electricity transmission towers belonging to Transmission Company of Nigeria (TCN).

Confirming the attack in a statement,the TCN noted that the destroyed towers are located along Maiduguri – Damaturu transmission lines.

Ndidi Mbah,the General Manager, Public Affairs,who signed the statement,saidan official of the Nigerian Security and Civil Defence Corps (NSCDC) was also killed in the attack.

“The Transmission Compnay of Nigeria TCN hereby confirms the destruction of three of its towers along Maiduguri – Damaturu Transmission Line with explosives yesterday 28th December, 2023.

“In addition to the destruction of the three towers, the very sad incident also cost the life of an NSCDC officer.

“It’s truly another very sad day for us at TCN, with this incident, especially with the loss of life of the NSCDC official.

“TCN commiserates with the family of the deceased and the NSCDC for this very sad and shocking incident” reads the statement in parts.

 

Comments

Post a Comment

Popular posts from this blog

ICPC Will Not Hesitate to Deal Oil Racketeers

By Favour & Akinola Ajibade Oil racketeers will henceforth face prosecution and subsequently sentenced to prison, in the event that the decision of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) stands by its decision to completely eradicate such activities in the country.  This happens as ICPC  secured a seven year conviction for  two fraudsters, Aso Adasa Morrison and Frank Biobarakuma recently.  The body in a statement signed by its spokesperson, Mrs. Azuka Ogugua and made available to the media, said the two suspects were first arraigned sometime in March 2013 before Hon. Justice B. A. Georgewill of Rivers State High Court 16 on a 17-count charge bordering on conspiracy, forgery and obtaining false pretence regarding transactions in crude oil in Nigeria  She said the court was informed of how the convicts and others at large between the month of March 2012 and February 2013 in Port Harcourt, fraudulently obtain...
Post a Comment
Read more

SHELL PHOTOSTORY-2 ( LAKOWE GOLF COURSE, LAGOS

L-R: General Manager, Safety and Environment, Shell Nigeria, Elozino Olaniyan; Vice President Midstream, Henry Bristol; former Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Chike Onyejekwe; SNEPCo Managing Director, Elohor Aiboni and Shell Nigeria Vice President, Human Resources, Olukayode Ogunleye, at the Golf Kitty retreat organised for serving and retired leaders of Shell Nigeria at the Lakowe Golf Course, Lagos… recently. A cross section of serving and retired leaders of Shell Nigeria at the Shell Nigeria Golf Kitty Retreat held at Lakowe Golf Course, Lagos… recently.    
Post a Comment
Read more

Germany's President President, Steinmeier Visit Nigeria

By Favour Ifeoluwa& Akinola Ajibade  Germany's President, Steinmeier  The German President,Frank Steinmeir, yesterday,  arrived Nigeria for a three-day official visit. Steinmeier tuched down on the night at the Presidential Wing of the Nnamdi Azikiwe Airport, Abuja, where he was was welcomed by Federal Capital Territory (FCT) Minister, Nyesom Wike.  His visit aims to underline the strength of Nigeria-Germany relations and to mark Germany’s appreciation of Nigeria.  Steinmeier, during his visit, is expected to meet with President Bola Tinubu, as well as with the President of the Commission of Economic Community of West African States (ECOWAS), Dr. Alieu Omar Touray.  He will then proceed to Lagos, where he will engage with business representatives, visit a start-up hub and meet with members of Nigeria’s culture sector and civil society.   A statement by the German embassy in Nigeria said: “Following the visit of German Chancellor Ol...
Post a Comment
Read more